Victorstone Limited (05837337): administration
- Status
- Administration ended
- Administration began
- 2021-01-29
- Administrators
- Joanne Louise Hammond, Kris Anthony Wigfield
- Administrators' firm
- Begbies Traynor
- Formerly
- Victor Stone Limited
- Incorporated
- 2006-06-05
- Location
- Sheffield
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Sustained trading losses
- COVID-19
- Loss of a key customer, supplier or contract
- Rising interest rates
- Brexit
From the administrators' statement
APPOINTMENT
The information below has been prepared from a statement provided by the directors and information contained within the Company accounts and at Companies House. The joint administrators will carry out their own investigations to verify the reasons provided by the directors for the Company’s insolvency. The Company was incorporated on 05 June 2006 as Victor Stone Ltd and the name was changed to Victorstone Limited in January 2011. The Company traded as an estate agency operating in key locations within Central London. The Company traded from leased premises at 213 City Road, London, EC1V 1JN and had an additional site at 90-93 Plender Street, London, NW1 OJP, however no trading activity took place from this location.
The Company was set up as a residential sales and lettings operation, with their primary specialism being a provider of quality student accommodation in the inner London area. The Company provides various services within this sector including landlord tax planning, conveyancing, mortgages and furnishings. Throughout its years of trading the Company won various national awards and has been recognised within The Times, The Sunday Times and The Daily Telegraph.
Administrators' statement of proposals (2021-02-11) · Companies House register